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Deutsche Post Expects Strong 2007 in Logistics Division
Deutsche Post logistics division reiterated its 2006 forecast and said it will outperform the market and post strong growth next year as more acquisitions are integrated, Bloomberg reported Monday.
December 11, 2006Ohio Smoking Ban Enforcement Delayed
Ohio has delayed enforcing its new smoking ban until specific rules and regulations are written, the Cincinnati Enquirer reported.
December 11, 2006October Truck Tonnage Index Revised to 1.9% Decline
American Trucking Associations seasonally adjusted truck tonnage index fell 1.9% in October, more than an earlier 1.8% reading, the group said late Friday.
December 11, 2006Wholesale Inventories Rise; Sales Decline
U.S. wholesale inventories rose 0.8% in October as sales posted their first consecutive declines in more than three years, the Commerce Department said Monday.
December 11, 2006UPS CEO Eskew Sees Potentially Biggest Holiday Season
UPS Inc. Chairman and Chief Executive Officer Michael Eskew said the company may see its biggest Christmas season yet, because Thanksgiving came early this year, leading to more shopping days before Christmas, the New York Times reported.
December 11, 2006Consumer Confidence Slips in December
U.S. consumer confidence in December fell from close to a 15-month high, the University of Michigan said Friday.
December 8, 2006Former STB Chair Roger Nober to Head BNSFs Law Department
Burlington Northern Santa Fe Corp. said Thursday that former Surface Transportation Board Chairman Roger Nober will join the railroad Jan. 1 as head of BNSFs law department.
December 8, 2006Cummins Withdrawing Stock from Former Pacific Exchange
Diesel engine maker Cummins Inc. said Friday it will withdraw its stock listing from NYSE Arca Inc., formerly the Pacific Exchange. Its common stock will continue to be listed on the New York Stock Exchange.
December 8, 2006UTi Worldwide Issues 3Q Earnings; Will Restate Back to 03
Air and ocean freight forwarder UTi Worldwide reported in issuing preliminary third-quarter earnings that it will restate earnings going back three years due to an accounting error.
December 8, 2006Wabash Appoints Richard Giromini CEO, Effective Jan. 1
Trailer maker Wabash National Corp. said its board named Richard Giromini its new chief executive officer, effective Jan. 1.
December 8, 2006